Two-Unit Residential Income
3264 Kansas ST Oakland, CA 94602
For Sale
$799,000
Duplex for sale with the option to occupy one unit and rent the other.
Property Size2,160 SF
Price / SF$369.91
Days on Market8
Property Features for 3264 Kansas ST
General Information
Standard status
Active
Size
2,160 SF
Property subtype
Multi Family
Building Details
Year Built
1913
Listing Agency:
Far East Realty
(510) 333-8726
Listed By:
Gary Kwan · License #01172391
(510) 333-8726
Source:
Exitrealty
Added: Jul 22
Changed: Jul 24
Last Checked: Jul 28 at 4:12AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Far East Realty
Investment Insights
Based on property information with market context.
This two-unit residential income property is available for sale and offers a straightforward owner-occupant setup: live in one unit while renting the other. The property is described as a cosmetic fixer, which may appeal to buyers looking to update and re-position the interior finishes.
The listing notes the duplex is close to everything, supported by the broad “close to everything” remark, though no specific nearby anchors or access details are provided.
With a duplex layout and income potential from renting one side, the property is well-suited for an investor or owner-occupant who wants to control one unit while generating rent from the second.
The listing notes the duplex is close to everything, supported by the broad “close to everything” remark, though no specific nearby anchors or access details are provided.
With a duplex layout and income potential from renting one side, the property is well-suited for an investor or owner-occupant who wants to control one unit while generating rent from the second.
Key Highlights
- Duplex built in 1913
- Option to live in one unit and rent the other
- Described as a cosmetic fixer
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $73.9k | $34.20 |
| − Vacancy | −$3.2k | −$1.46 |
| EGI | $70.7k | $32.74 |
| − OpEx | −$21.2k | −$9.82 |
| NOI | $49.5k | $22.92 |
2,160 SF · lease $34.20/SF/yr · vacancy 4.27% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$707.2K
$618.8K – $825.0K
NOI $49,502 @ 7.0% cap · market cap 6.20%
Second Best
Apartment 5plus
$651.6K
$570.1K – $760.2K
NOI $45,609 @ 7.0% cap · market cap 5.71%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Duplex for sale with the option to occupy one unit and rent the other.
Where is this duplex located?
The property is located at 3264 Kansas ST Oakland, CA.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Duplex built in 1913; Option to live in one unit and rent the other; Described as a cosmetic fixer
